Anglo and IL&P may be prime bidders for NCB stockbrokers

PROSPECTIVE buyers of NCB stockbrokers are keeping their cards very close to their chest as owners Ulster Bank prepare to sell off the subsidiary for between €25 and €30 million.

For six months the Dublin stock broking community has been anticipating disposal of NCB by Ulster Bank, owned by the Royal Bank of Scotland.

Ulster Bank has already exited stock broking in Northern Ireland following the sale of the region's biggest broker, Cunningham Coates, to London-based NCL in July.